Mon, 19 Apr 1999

Matahari to enter Yemen

JAKARTA (JP): Publicly listed retailer Matahari Group said last week it would expand its business to Yemen.

Matahari's chairman Hari Darmawan said the company would cooperate with the local Shoumaela Group to facilitate the move into Yemen.

"Shoumaela has prepared a 2,000 square meter building to be used for the permanent exhibition of Matahari products, which later could be used as a wholesale center for Yemen businesses wanting to sell our products," he told Antara in Yemen's capital, Sana'a.

Matahari products to be displayed in Sana'a would include clothes, shoes, toys, foods and household appliances, he said.

In the long-term, Matahari would establish its business in the free trade zone area of Aden for entry into the North African market, he said.

Matahari currently operates 73 stores nationwide. (cst)